Germany Ethylene Propylene Diene Monomer (epdm) Market Size & Outlook
Germany ethylene propylene diene monomer (epdm) market, 2019-2030 (US$M)
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Germany ethylene propylene diene monomer (epdm) market highlights
- The Germany ethylene propylene diene monomer (epdm) market generated a revenue of USD 215.5 million in 2023 and is expected to reach USD 336.1 million by 2030.
- The Germany market is expected to grow at a CAGR of 6.6% from 2024 to 2030.
- In terms of segment, seals & o-rings was the largest revenue generating product in 2023.
- Seals & O-Rings is the most lucrative product segment registering the fastest growth during the forecast period.
Ethylene propylene diene monomer (epdm) market data book summary
| Market revenue in 2023 | USD 215.5 million |
| Market revenue in 2030 | USD 336.1 million |
| Growth rate | 6.6% (CAGR from 2023 to 2030) |
| Largest segment | Seals & o-rings |
| Fastest growing segment | Seals & O-Rings |
| Historical data | 2019 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Hoses, Seals & O-Rings, Gaskets, Rubber Compounds, Roofing Membranes, Connectors and insulators, Weather Stripping, Other products |
| Key market players worldwide | Dow Inc, Exxon Mobil Corp, ARLANXEO, Johns Manville, Kumho Petrochemical, Sumitomo Chemical Co Ltd, Lion Corp, Mitsui Chemicals Inc, PetroChina Co Ltd Class H, Valsoia |
Other key industry trends
- In terms of revenue, Germany accounted for 4.6% of the global ethylene propylene diene monomer (epdm) market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Europe, Germany ethylene propylene diene monomer (epdm) market is projected to lead the regional market in terms of revenue in 2030.
- Germany is the fastest growing regional market in Europe and is projected to reach USD 336.1 million by 2030.
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Ethylene Propylene Diene Monomer (EPDM) Market Scope
Ethylene Propylene Diene Monomer (EPDM) Market Companies
| Name | Profile | # Employees | HQ | Website |
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Germany ethylene propylene diene monomer (epdm) market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to ethylene propylene diene monomer (epdm) market will help companies and investors design strategic landscapes.
Seals & o-rings was the largest segment with a revenue share of 18.52% in 2023. Horizon Databook has segmented the Germany ethylene propylene diene monomer (epdm) market based on hoses, seals & o-rings, gaskets, rubber compounds, roofing membranes, connectors and insulators, weather stripping, other products covering the revenue growth of each sub-segment from 2019 to 2030.
Germany is a leading automotive market in Europe in terms of production and sales of vehicles. The country accounts for a major share of the total passenger vehicles manufactured in the region. There has been an increasing demand for ethylene propylene diene monomer-based components from vehicle manufacturers in Germany.
This is expected to fuel the growth of the market in the country from 2022 to 2030. The automotive industry in Germany is projected to grow significantly in the coming years owing to the presence of a top-class technological environment, suitable infrastructures, dynamic investment opportunities, and international research facilities.
The flourishing automotive industry in the country is anticipated to fuel the demand for automobile components developed from ethylene propylene diene monomers, thereby leading to the growth EPDM market in Germany.
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Horizon Databook provides a detailed overview of country-level data and insights on the Germany ethylene propylene diene monomer (epdm) market , including forecasts for subscribers. This country databook contains high-level insights into Germany ethylene propylene diene monomer (epdm) market from 2019 to 2030, including revenue numbers, major trends, and company profiles.
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Germany ethylene propylene diene monomer (epdm) market size, by product, 2019-2030 (US$M)
Germany Ethylene Propylene Diene Monomer (EPDM) Market Outlook Share, 2023 & 2030 (US$M)
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